Episode of My First Million with Sam Parr and Shaan Puri.
Transcript
Note: This transcript was auto-generated from YouTube captions. It may contain errors and lacks speaker identification. A full Gemini audio transcript will replace this.
Kind: captions Language: en kevin i think is even more famous and he has 2.5 or 3 million subscribers he recently did a video and it was called here’s my entire 50 million dollar portfolio at age 29. so i and i noticed that he had done one of these i’m clicking okay double click full screen headphones on and i noticed that he did another one of these like nine months ago or 13 months ago something like around a year ago and his net worth then was only 25 and i was like what is going on this guy is nuts and so he’s basically this guy meet kevin i don’t know his full name he um it makes like three to four videos a day and he is talking about like which stocks he’s buying uh which um types of houses he’s buying for investment properties and he shows his entire portfolio and at the end he goes now here’s proof and he logs in to all of his accounts and you can see all of it screen share yes which is amazing for many reasons one he’s only 29 and he’s a youtuber with 50 million dollars how was he how did he how did he get that money so he’s just off of his youtube or he had some other business that he started with at age 19 i believe he started as just a real estate agent so just a normal guy okay and he made a little bit of money like a hundred grand a year took that hundred grand a year and bought some properties and then started a youtube channel in 2010 or 2011 and he just started documenting about his real estate investing slowly that started making additional income using that income he bought even more properties eventually he had like a course and things like that where he was making like one or two million dollars a year so a significant amount of sum or a significant sum then he took that money and he started investing it and started talking about what he was investing and you could see this entire growth over the last five years of his portfolio and how it’s grown of course it helps that a he’s got now a significant stream of like four million dollars a year i would imagine and we’re in the best bull market of all time and so it kind of works but that’s how he’s done it and interestingly this guy kevin uh when gavin newsom was being recalled kevin ran for office and there’s this republican named larry elder who got second behind gavin newsom kevin was third with something like hundreds of thousands of votes and so it’s this kid’s amazing and so that’s surprising i feel like a youtuber who’s got a big following should crush any politician he doesn’t have that big a following he only has 2.5 or 3 million it’s not significant and it has to be a california above 18 voter so it’s not like it’s not significant but my point being with a lot of these youtubers is this video was nutty and graham stefan did the exact same thing he goes here’s my prediction mr beast or a mr beast type person will run for president and will surprise people with the type of following they get because oh absolutely whether you want to be president or not you could you know i think the original trump playbook was i’m gonna just throw my hat in the ring i’m gonna get tons of attention and press i’m gonna build my brand off the the massive amount of attention that goes into elections and i’ll be the the kind of curveball story that everybody wants to cover everybody’s got an opinion on like kanye kanye did it or whatever he threw his name in you’re gonna see the wild wild west of people trying to put their name in the hat for running for office or running for these kind of like positions that will sound you know how could a how could a 21 year old youtuber be doing this and they’re going to get a little momentum and then that’s going to create a press cycle that’s going to create more momentum i don’t think they’ll actually win i don’t think they even want to win but it would just be a smart move for the dog-eat-dog world of youtube trying to get views yeah and and but here’s back to the original point of getting views what is exhausting life that you have to go and and i’m thankful that mr beast does what he does i’m thankful that this kevin guy and graham are crazy enough to log in and show me their that is so cool they are [ __ ] nuts that is nuts